A couple of weeks after my fishing trip with Les, I got a
call from Keith.
“Michael!” he boomed, from wherever in the hell he was
calling from, Taiwan – I seem to recall.
“Has Bosco talked you yet about the conference in Vegas?”
Well, of course he hadn’t.
But this didn’t exactly come out of left field either. Since the telephone call we’d had about
giving the product away, Bosco had been in full flurry mode, calling up Web
developers, graphic artists, copywriters and just about anyone else he could
corral into this new project. It was
clear that he was working feverishly to launch this new sales program in a
hurry. SlipNot had been experiencing a
slow but undeniable decline in sales over the previous two years and the
growing fashion that single men had adopted in the early years of the 21st
century of shaving their heads wasn’t helping matters. Bosco felt strongly that even though his new
plot would lead to a return of that market share, he also realized it was going
to take a good six months to a year before SlipNot’s customers would (a) buy
into the plan and (b) make it work for them, thereby (c) increasing the number
of orders they placed to SlipNot for new product.
This task was made even trickier because we were going to be
asking studio owners to buy into this new scheme without providing them with
any new creative material. Normally when
SlipNot asked its customers to jump off the cliff with them with a new
marketing plan, they provided TV ads, radio spots, newspaper/magazine slicks
and comprehensive training for making the whole package work. This time around, there would be no
advertising campaign roll out to back the effort up. Bosco and Keith both felt that no one would
ever respond to a “something for nothing” ad campaign. Consumers were too sophisticated, Bosco
argued. I pointed out that plenty of
people still clicked on the links in emails sent from the descendants of
colonial era African royalty who offered to share in their $60 million estates. My objection had been met with
stony silence.
“Yeah, “ Keith continued before I could respond, “This is
going to be a lotta work, Michael. I’m
going to need you and Allan to call all of our big clients. Richard is working
on a list. Get them to commit for a
Sunday through Tuesday meeting in Las Vegas, starting on October 17th. We’ll get a block of rooms at the MonteCarlo. Promise them reduced rates if
they book by the end of August.
Richard’s got a list of places for receptions and parties, but the key
thing is to build up some buzz about the new marketing plan.”
“Should I let them know what it is?” I asked.
“Shit, no! They’ll never come if they think it means giving
product away. That’s where you’re going
to have to be careful. Both of you! You can tell them that we’re unveiling a new
plan, but you can’t let them know what we’re going to do.”
I’ve always marveled at the fact the people will spend money
to learn something that isn’t adequately explained before they have to
commit. You don’t think they will? Just think about all of those infomercials in
the early years of the 21st century that promised the viewer the
ability to build a financial empire on no-money-down real estate
purchases. The success of that scam
essentially led to the devastation of the entire economy just a few years
later. People will spend cash anytime
they think there’s a shortcut to the big time.
And that was the rationale for the whole scheme. In ’04, the economy was booming. People were making money on Wall Street,
buying and flipping real estate and betting on commodity futures. Hell, even new restaurants were showing
profits! It was that good. Start with a semi-credible get-rich scheme
and throw in a Las Vegas mini-vacation with all of the low-level debauchery
that it promises and you have the basic ingredients for a successful business
conference. Keith knew this. He and Bosco had been doing this for 20 years
together and in 2004, everybody was making money. Everybody except for SlipNot’s clients. Keith was very worried about it. There was an enormous supply of fresh capital
in the streets and it appeared to be passing him by.
“Hey!” Keith yelled in my ear. I hadn’t been paying attention, but my
Fearless Leader had been trying to tell me to do something for him.
“Sorry, Keith,” I stammered.
“It’s noisy here. I couldn’t
quite hear you.”
“Yeah, yeah. Well
listen up good now, okay? Sit down with
Les and Richard today and see if you can brief the rest of the sales team. I want everybody in on this.”
“You want Les and his group making calls?” I asked, hoping
like all hell that Keith didn’t.
“No. This is for you,
Bosco and Allan. I want you guys and
Richard to make up the list and then I want Richard out of this, so that he can
get on with his other work. He spends
too much damn time on these projects as it is.
You follow?”
“Got it. Do you want
anyone on the sales team involved at all?”
“No, Michael, not yet.
I want them aware of what happening but I don’t want you to get them
making phone calls. At least not officially.”
I started to laugh.
Keith was absolutely right. If we
told the sales team that there was a conference coming up, they’d been so
damned excited that they’d never be able to contain themselves. Sometimes the best way to spread the word
about something is to tell people that it’s a secret and that’s exactly what
Keith had planned. Within a week, the
sales staff at SlipNot will have gossiped this conference into near legendary
status. It will spread among the
customer base at fantastic speed.
Clients will be calling us, demanding to be let in on the secret for
fear that they were going to miss something.
“Sure, sure!” Keith said.
“It’s like a take-away close. You
tell people about something, then tell them can’t have it right then and BAM! It’s the only thing on Earth that they
want. Just make sure than Les and his
crew knows that their clients have to call you or Allan to get in. This’ll be the easiest conference you’ll ever
sell.”
The next installment will be posted on February 10.
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